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Elon Musk's budget crusade could cause a constitutional clash in Trump's second term
Read full article: Elon Musk's budget crusade could cause a constitutional clash in Trump's second termDonald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations.
Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after election
Read full article: Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after electionThe Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated.
Students can now apply for federal college aid. Officials hope for a smoother rollout this year
Read full article: Students can now apply for federal college aid. Officials hope for a smoother rollout this yearThe federal FAFSA form used to apply for college financial aid opened to high school seniors across the nation on Thursday, a year after a disastrous rollout by the Biden administration delayed the application for months.
The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
Read full article: The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into warRussia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday.
US home sales rose in October, notching their first annual gain in more than three years
Read full article: US home sales rose in October, notching their first annual gain in more than three yearsSales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market.
US applications for jobless benefits fall to 213,000, remaining near 7-month lows
Read full article: US applications for jobless benefits fall to 213,000, remaining near 7-month lowsThe number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows.
A draft deal on climate money for developing world is silent on how much as UN summit nears end
Read full article: A draft deal on climate money for developing world is silent on how much as UN summit nears endA new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay.
What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?
Read full article: What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year.
Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinks
Read full article: Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinksMost U.S. stocks are rising Thursday after more companies said they’re making fatter profits than expected.
US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
Read full article: US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishmentU.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.
Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yet
Read full article: Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yetFederal water officials have made public what they call “necessary steps” for the seven states and multiple tribes that rely on the Colorado River to meet an August 2026 deadline for deciding how to manage the waterway in the future.
Class action lawsuit on AI-related discrimination reaches final settlement
Read full article: Class action lawsuit on AI-related discrimination reaches final settlementA federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income.
US ahead in AI innovation, easily surpassing China in Stanford's new ranking
Read full article: US ahead in AI innovation, easily surpassing China in Stanford's new rankingThe U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University index.
Australia's parliament considers legislation banning social media for under 16s
Read full article: Australia's parliament considers legislation banning social media for under 16sLegislation for the world's first legal ban on children under 16 using social media has been introduced in Australia's Parliament.
Federal Reserve's likely slowdown in rate cuts could disappoint borrowers
Read full article: Federal Reserve's likely slowdown in rate cuts could disappoint borrowersJust a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Read full article: Nvidia beats earnings expectations as investors eye demand for Blackwell AI chipsNvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Brazil’s Lula welcomes China's Xi for state visit as ties between countries strengthen
Read full article: Brazil’s Lula welcomes China's Xi for state visit as ties between countries strengthenBrazil's President Luiz Inácio Lula da Silva has welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, in the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025.
As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically
Read full article: As US ramps up nuclear power, fuel supplier plans to enrich more uranium domesticallyA supplier of fuel for nuclear power plants has announced a $60 million expansion in Tennessee, promising more manufacturing of high-tech centrifuges there to enrich uranium.
Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud
Read full article: Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraudThe founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars.
US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Read full article: US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officialsIndian businessman Gautam Adani, one of the world’s richest people, has been indicted in the U.S. on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
Lockers used by Ronaldo, Beckham and other Real Madrid stars are up for auction
Read full article: Lockers used by Ronaldo, Beckham and other Real Madrid stars are up for auctionMetal lockers that once held the sweat-stained shirts and muddy cleats of some of the world’s greatest soccer players are up for auction.
US gathers allies to talk AI safety as Trump's vow to undo Biden's AI policy overshadows their work
Read full article: US gathers allies to talk AI safety as Trump's vow to undo Biden's AI policy overshadows their workPresident-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term.
FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried
Read full article: FTX co-founder gets no prison time after cooperating in case against Sam Bankman-FriedAn apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud.
Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden
Read full article: Delta CEO says the Trump administration will reverse government 'overreach' seen under BidenThe chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he called government “overreach” under President Joe Biden.
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Read full article: Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in EuropeFord is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars.
Comcast to spin off cable networks that were once the entertainment giant's star performers
Read full article: Comcast to spin off cable networks that were once the entertainment giant's star performersComcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions for streaming platforms.
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Read full article: A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarterTarget has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.
Australia won't force social media users to share their personal details when child ban takes effect
Read full article: Australia won't force social media users to share their personal details when child ban takes effectAustralian communications minister says the government won’t force social media users to hand over personal information to tech companies, as children younger than 16 are set to be banned from the platforms.
Snack judgment: Spanish court slaps supermarket that fired a worker for eating a croquette
Read full article: Snack judgment: Spanish court slaps supermarket that fired a worker for eating a croquetteA Spanish court has upheld a ruling that a supermarket worker was unlawfully fired for having eaten a croquette that was going to be thrown away after not having been sold from the store’s deli section.
Greece hit by general strike as thousands of workers protest over the high cost of living
Read full article: Greece hit by general strike as thousands of workers protest over the high cost of livingLarge protests have been held in Greece as part of a 24-hour nationwide general strike called by labor unions timed to coincide with the government submitting its 2025 budget to Parliament.
Higher energy bills push UK inflation to 6-month high in October
Read full article: Higher energy bills push UK inflation to 6-month high in OctoberInflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year.
Maui Invitational returns to a Lahaina still grappling with raw emotions left by deadly wildfire
Read full article: Maui Invitational returns to a Lahaina still grappling with raw emotions left by deadly wildfireResidents of the Hawaii town devastated by last year's wildfire are awaiting the return of one of the nation's most prestigious basketball tournaments with mixed feelings.
Argentina's Milei pivots to pragmatism in first talks with China's Xi after shaking up the G20
Read full article: Argentina's Milei pivots to pragmatism in first talks with China's Xi after shaking up the G20Last year, then-presidential candidate Javier Milei declared Argentina would not “make deals with communists” in China or Brazil, calling their leaders “murderers” and “thieves” in a bid to channel the populist energies of Donald Trump into a winning political message.
Japan records a trade deficit in October for a 4th straight month, despite export recovery
Read full article: Japan records a trade deficit in October for a 4th straight month, despite export recoveryJapan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import costs high.
California voters reject measure that would have raised minimum wage to nation-high $18 per hour
Read full article: California voters reject measure that would have raised minimum wage to nation-high $18 per hourCalifornia voters have rejected a measure on the November ballot that would have raised the minimum wage for most workers to $18 an hour.
Hong Kong ex-publisher Jimmy Lai testifies he didn't ask Pence, Pompeo to take action against city
Read full article: Hong Kong ex-publisher Jimmy Lai testifies he didn't ask Pence, Pompeo to take action against cityFormer Hong Kong publisher Jimmy Lai is testifying in his defense at his landmark national security trial.
Despite slowing sales, automakers are expanding electric vehicle models, including family haulers
Read full article: Despite slowing sales, automakers are expanding electric vehicle models, including family haulersEven though sales of electric vehicles aren’t growing as fast as in past years and President-elect Donald Trump may ditch tax credits for EV buyers, automakers are moving ahead with new models that should appeal to mainstream buyers.
What to know about Howard Lutnick, Trump's pick for commerce secretary
Read full article: What to know about Howard Lutnick, Trump's pick for commerce secretaryPresident-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary.
Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce
Read full article: Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for CommercePresident-elect Donald Trump has tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle.
New Harry Potter ride at Universal Orlando will have British Ministry of Magic as setting
Read full article: New Harry Potter ride at Universal Orlando will have British Ministry of Magic as settingHarry Potter fans anticipating the third attraction based on the popular book and movie franchise at Universal Orlando Resort learned that the fictional setting for the ride will be the British Ministry of Magic.
Reuters hires former Post and AP executive editor Sally Buzbee to lead US, Canada news operation
Read full article: Reuters hires former Post and AP executive editor Sally Buzbee to lead US, Canada news operationReuters has hired Sally Buzbee, former executive editor of The Washington Post and The Associated Press, to be its top news editor in the United States and Canada.
Nvidia rivals focus on building a different kind of chip to power AI products
Read full article: Nvidia rivals focus on building a different kind of chip to power AI productsBuilding the current crop of artificial intelligence chatbots has relied on specialized computer chips pioneered by Nvidia, which dominates the market and made itself the poster child of the AI boom.
Starting a small business is hard. Exiting can be even harder, but planning early is the key
Read full article: Starting a small business is hard. Exiting can be even harder, but planning early is the keyFiguring out what to do with a small business when an owner is ready to retire can be difficult, but it’s best to have a plan well in advance of making a big change.
Microsoft pitches AI 'agents' that can perform tasks on their own at Ignite 2024
Read full article: Microsoft pitches AI 'agents' that can perform tasks on their own at Ignite 2024Microsoft CEO Satya Nadella is opening a company conference in Chicago with remarks that could set the stage for where it’s taking its artificial intelligence business.
Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion
Read full article: Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billionJersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion.
Volunteers came back to nonprofits in 2023, after the pandemic tanked participation
Read full article: Volunteers came back to nonprofits in 2023, after the pandemic tanked participationFrom foster grandparents who volunteer at an early child care center to citizen scientists who collect water quality data in remote locations, nonprofit volunteers have come back after the pandemic.
Walmart heads into official start of holiday season with strong momentum after robust 3Q results
Read full article: Walmart heads into official start of holiday season with strong momentum after robust 3Q resultsWalmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
Read full article: Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise itBig money to respond to climate change is key to the United Nations talks underway in Azerbaijan.
Thousands of UK farmers descend on Parliament to protest a tax they say will ruin family farms
Read full article: Thousands of UK farmers descend on Parliament to protest a tax they say will ruin family farmsBritish farmers have descended on Parliament to protest a tax hike they say will deal a “hammer blow” to struggling family farms.
Lula urges G20 members to take action to slow global warming
Read full article: Lula urges G20 members to take action to slow global warmingBrazil’s president has opened the second day of a meeting of the world’s 20 major economies by calling for more action to slow global warming, saying developed nations must speed up their initiatives to reduce harmful emissions.
Amazon and Elon Musk's SpaceX challenge labor agency's constitutionality in federal court
Read full article: Amazon and Elon Musk's SpaceX challenge labor agency's constitutionality in federal courtAttorneys for Amazon and Elon Musk’s SpaceX have argued in a federal appeals court that the National Labor Relations Board’s structure is unconstitutional.
Kissing the ring? MSNBC 'Morning Joe' hosts say they met with Trump to reopen lines of communication
Read full article: Kissing the ring? MSNBC 'Morning Joe' hosts say they met with Trump to reopen lines of communicationIt was the last thing you might expect if you watched MSNBC's “Morning Joe” a month ago — hosts Joe Scarborough and Mika Brzezinski asking for a meeting and traveling to Mar-a-Lago to talk with President-elect Donald Trump.
New Jersey internet gambling sets another revenue record at $213 million
Read full article: New Jersey internet gambling sets another revenue record at $213 millionNew Jersey’s internet gambling market set another record in October, the latest proof that people are betting more of their money online rather than coming to Atlantic City to gamble it in person.
What to know about Chris Wright, Trump's choice to run the Energy Department
Read full article: What to know about Chris Wright, Trump's choice to run the Energy DepartmentFossil fuel executive Chris Wright, Donald Trump's choice for Energy secretary, is a strong supporter of oil and gas development, including fracking, a key pillar of the president-elect’s quest for U.S. “energy dominance” in the global market.
Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living
Read full article: Greece to repay chunk of bailout debt early and touts recovery during anger over cost of livingPrime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025.
US to add features such as blind spot warnings and pedestrian detection to vehicle crash ratings
Read full article: US to add features such as blind spot warnings and pedestrian detection to vehicle crash ratingsThe U.S. government’s automobile safety ratings will get a major update starting with the 2026 model year when regulators add new driver-assistance technologies and tests for protecting pedestrians.
Judge tosses Huckabee lawsuit against Meta over ads suggesting he endorsed marijuana gummies
Read full article: Judge tosses Huckabee lawsuit against Meta over ads suggesting he endorsed marijuana gummiesA federal judge in Delaware has dismissed a lawsuit filed by former Arkansas Gov. Mike Huckabee against social media giant Meta over advertisements using his name and image to sell CBD products.
Trump's treasury pick could give an indication of what he plans to do about tariffs
Read full article: Trump's treasury pick could give an indication of what he plans to do about tariffsOne of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration.
UK hits Iran with new sanctions for supplying missiles to Russia
Read full article: UK hits Iran with new sanctions for supplying missiles to RussiaThe U.K. government has hit Iran with new sanctions for sending ballistic missiles and other weapons to Russia in support of the war against Ukraine.
Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars
Read full article: Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on InfowarsA federal bankruptcy judge in Texas is being asked to disqualify a winning bid made by the satirical news outlet The Onion to buy conspiracy theorist Alex Jones' Infowars.
The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
Read full article: The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%The Associated Press says it is looking to cut 8% of its workforce, primarily through buyouts, and employees eligible to leave their jobs would begin getting notifications.
Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
Read full article: Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brandsWith Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven't recovered from recent price inflation.
Starmer calls for strong UK-China relationship as he meets with Xi in Brazil
Read full article: Starmer calls for strong UK-China relationship as he meets with Xi in BrazilU.K. Prime Minister Keir Starmer says he wants a strong and durable relationship with China as he met with Chinese President Xi Jinping at the G20 summit in Brazil.
About 20% of Americans regularly get their news from influencers on social media, report says
Read full article: About 20% of Americans regularly get their news from influencers on social media, report saysA report released Monday by Pew Research Center says about one in five Americans regularly get their news from so-called news influencers on social media.
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Read full article: Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loomSpirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.
French farmers escalate protests against an EU-Mercosur trade deal and fear unfair competition
Read full article: French farmers escalate protests against an EU-Mercosur trade deal and fear unfair competitionFrench farmers have escalated their protests against the EU-Mercosur trade agreement under negotiation.
More logging is proposed to help curb wildfires in the US Pacific Northwest
Read full article: More logging is proposed to help curb wildfires in the US Pacific NorthwestU.S. officials are proposing increased logging on federal lands across the Pacific Northwest under changes to a sweeping forest management plan that’s been in place for three decades.
Union workers picket for 3rd day at Las Vegas casino with no talks slated
Read full article: Union workers picket for 3rd day at Las Vegas casino with no talks slatedPicketing is continuing outside a hotel-casino near the Las Vegas Strip with no talks scheduled between management and union members.
Will the antitrust showdown launched under Biden turn into 'Let's Make A Deal' under Trump?
Read full article: Will the antitrust showdown launched under Biden turn into 'Let's Make A Deal' under Trump?The U.S. antitrust watchdogs that pounced on Big Tech and deterred dealmaking throughout corporate America during President Joe Biden’s administration may be tamer and kept on a shorter leash by President-elect Donald Trump after he returns to the White House next year.
'Inside the NBA' will air on ESPN and ABC as part of settlement between WBD and NBA, AP sources say
Read full article: 'Inside the NBA' will air on ESPN and ABC as part of settlement between WBD and NBA, AP sources say“Inside the NBA” will appear on ESPN and ABC beginning next season as part of a settlement between Warner Bros.
Boeing issues layoff notices to 400-plus workers as it begins drastic cuts
Read full article: Boeing issues layoff notices to 400-plus workers as it begins drastic cutsBoeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its Machinists union.
Asia-Pacific summit closes in Peru with China’s Xi front and center as Trump whiplash looms
Read full article: Asia-Pacific summit closes in Peru with China’s Xi front and center as Trump whiplash loomsThe Asia-Pacific Economic Cooperation forum has wrapped up with a spirit of detente that many fear the annual summit may not see again for four years.
Strike by workers at a casino near the Las Vegas Strip enters 2nd day
Read full article: Strike by workers at a casino near the Las Vegas Strip enters 2nd dayA walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract.
Russia's Gazprom stops flow of natural gas to Austria, OMV utility says
Read full article: Russia's Gazprom stops flow of natural gas to Austria, OMV utility saysAustrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration award.